Usually the Storage Device and Storage Medium Are Two Separate

question 57

Multiple Choice

Usually the storage device and storage medium are two separate pieces of hardware (that is, the storage medium is ____) .

• A) procurable
• B) static
• C) removable
• D) configurable

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Definitions:

Liabilities

Financial obligations or debts owed by a business to outsiders, which are required to be settled in the future.

Drawing

A withdrawal made by an owner from the business for personal use.

Revenues

Income generated from normal business operations and includes discounts and deductions for returned merchandise.

Owner's Equity

The residual interest in the assets of the entity after deducting liabilities, representing the ownership stake of the owners.